Daily Small Cap Market News and Stock Highlights from SmallCapVoice.com

Investors gave up some of their big gains Wednesday as they awaited the conclusion of the Federal Reserve's interest rate meeting.

The Fed is expected to leave rates at their current historically low level following its two-day meeting, but the market is anxious to see how the central bank assesses the economy in its statement accompanying the rate decision. Investors also want to know if the Fed has any further moves planned to help boost the economy.

In morning trading, the Dow Jones industrial average fell 90.72, or 1.23 percent, to 7,304.98. The Standard & Poor's 500 index fell 7.94, or 1.02 percent, to 770.18, while Nasdaq composite index fell 4.55, or 0.31 percent, to 1,457.56.

Yesterday’s Top Performing SmallCapVoice.com stock:

Capital City Energy Group (OTC BB: CETG) was a SmallCapVoice.com top performer moving up over 8% on trading volume of 24,965 shares.

In addition to its four wholly owned subsidiaries; Avanti Energy Partners, Eastern Well Services, Capital City Petroleum and Hotwell Services, Capital City Energy Group (“CETG”) is a rapidly expanding energy company. It is an innovative leader in the design, management and sponsorship of retail and institutional direct participation energy programs and one of the few vertically integrated independent oil & natural gas companies operating today. CETG identifies and develops growth opportunities through drilling, operating, oil field service companies, acquisitions and fund management.

Today’s SmallCapVoice.com Hot Stocks to Watch:

Ronn Motor Company, Inc. (OTC BB: RNNM)

RNNM is trending higher on increased trading volume

In the small cap arena, successes often come in what appears to be one instant manifestation, as if it happened sporadically overnight. The truth is these major announcements are more often a testament to the smaller daily achievements of a company and the skillful execution of their business plan. Corporate officers and shareholders simultaneously await such breakthrough moments which can provide a seminal entry point for a company or the catalyst to greater successes. An announcement released yesterday by Ronn Motor Co., creator of the H2GO system which enhances fuel efficiency and can be added to existing vehicles and vehicle fleets, may indeed qualify as the proverbial breakthrough deal.

The announcement confirms the acceptance of the H2GO system by Frigette, one of the world's largest independent manufacturers of automotive air conditioners, microprocessor powered cruise controls, and other state-of-the-art automotive parts. Not only does this agreement give Ronn broad distribution with an industry leader in their desired market, it also creates third party credibility, sending a signal to others in the space that Ronn is for real. As a company already known for creating a supercar that pairs 40 mile per gallon fuel efficiency with 200 mile per hour top speed, this bold entry into the parts market is a major corporate benchmark.

The news also arrives in what is shaping up to be a watershed month for Ronn Motor Co., which only last week announced a test drive of their flagship vehicle, The Scorpion, by California governor Arnold Schwarzenegger. Given Schwarzenegger's past history in sending the Hummer into the pop culture stratosphere, his personal interest and test drive are likely more important than the everyday photo-op.

Sports Supplement Group, Inc. (OTC BB: SRSP)

SRSP is starting to trend higher on increased trading volume

Sports Supplement Group Inc. (Owner of ERGOPHARM Performance Nutrition) is a sales and marketing company formed to acquire brands and companies currently operating in the sports performance and weight management markets. Since its formation, Sports Supplement Group has been actively engaged in seeking out companies that management believes would integrate efficiently into its portfolio.

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SmallCapVoice.com is a recognized corporate investor relations firm, with clients nationwide.  Known for its ability to help emerging growth companies build a following among retail and institutional investors, SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, audio interviews, as well as its client's financial news releases. SmallCapVoice.com also offers individual investors with all the tools they need to make informed decisions about the stocks they are interested in. Tools like our stock charts, stock alerts, and our investor fact sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets.

Small Cap Voice SCV is an electronic publication, and is for informational purposes only. The stocks profiled by SCV are only company profiles and are not intended to be and should not be accepted by you as recommendations to buy or sell in these securities. These profiles are compiled from publicly available sources. Our sources include, but are not limited to, online research, company profiles, member suggestions, magazines, newspapers, analyst suggestions, broker recommendations, contact with the company, company rumors, press releases and other similar information sources. All profiles are based on information that is accessible by the public. Investing in stocks involves risk. SCV is not and does not hold itself out to be a registered broker or dealer or other licensed securities professional. You should consult a qualified, licensed financial advisor or stock broker before making any decisions to invest in the securities of any company that is described in these profiles.  For compensation and complete disclaimer click here.

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